Looking into 2019 and attempting to make sense of the year ahead, I am reminded of the old expression that economists exist to make weathermen look good! With that in mind, and the fact that almost no investment strategists called the events of 2018 (except for the perma-bears, but as they say even a stopped
As we have been presenting and debating for over 20 years, the big picture discussion over US inflation / disinflation / deflation and then inflation again is clearly shown on any long-term chart of the US Bond Yield. The last time we had US 10 year interest rates at a cyclical low of around 2% was
Roeloff Horne appears on the FMR101.3 Fine Business Radio Show with Lindsay Williams (April 306, 2018) to discuss the markets and the importance of learning to cut through the chatter to get to the whole picture, before making investment decisions, as well as trying to understand your sources of information in an age where we
Whilst accredited as being an old Chinese proverb, this phrase was first used by an influential British statesman, Sir Austin Chamberlain in 1936 referring to the “(G)rave injury to collective security by Germany’s violation of the Treaty of Locarno.” His quote “ It is not so long ago that a member of the Diplomatic Body
“Trade wars are good and easy to win” (Donald Trump, March 2nd, 2018) In 2009, in an effort to slow the growth in imports that the United Steelworkers’ union blamed for thousands of American job losses, President Obama approved a near nine-fold increase, from 4% to 35%, in the US’s tariff on Chinese-manufactured car tyres.
In what many consider will the last of his budget presentations, South Africa’s Finance Minister Malusi Gigaba, who is accused of state capture and rumoured to be one of the cabinet ministers who will soon lose his job, presented a surprising and far better than expected budget. Within that budget, he increased Value Added Tax